This EDA investment supports the illinois valley community college (ivcc) with constructing a new agriculture education facility in oglesby, illinois

Ended Project Grant Awarded Last action

Award ID
067906446
Recipient
Awarding agency
Obligated
$4,612,084

Award facts

Assistance listing
11.307 Economic Adjustment Assistance
Completion date
Funding
  • $3,500,000.00 Federal
  • $1,112,084.00 Non-federal
Place of performance
Oglesby, IL 61348, USA

Award details come from USAspending.gov.

About this award

Written by GovTribe AI ·

The Economic Development Administration awarded Illinois Valley Community College $4.6 million under the Economic Adjustment Assistance program on September 7, 2022 to construct a new agriculture education facility in Oglesby, Illinois. The facility will provide training and upskilling for agriculture workers to develop new technologies and sustainable practices in a region impacted by the closure of a nuclear energy plant. Once completed by July 7, 2025, the project aims to stimulate private investment and strengthen the regional economy by providing employment opportunities through the community college's expanded agriculture education programming.

Description

As the agency reported it.

The project will allow ivcc to train and upskill agriculture workers, aid in the development of new technology, and develop sustainable practices in a region impacted by the closure of a nuclear energy facility. Once completed, the project will help provide employment opportunities, spur private investment, and strengthen the regional economy.

Quick answers

Who received award 067906446?

067906446 was awarded to Illinois Valley Community College by Economic Development Administration (Department of Commerce) on September 7, 2022.

How much is award 067906446 worth?

$4,612,084 has been obligated on 067906446: $3,500,000 in federal funding and $1,112,084 in non-federal funding.

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